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Audnzdbuy

Last Trade Idea Of 2022The previous SELL idea on this pair banked over 800 pips as we played the top of the longer term range market see related post for this. Now it is time you can look for BUYING opportunities under 1.05 as we approach the bottom of the MONTHLY longer term range. Starting at 1.05 is a nice weekly DEMAND/BUY zone I expect a reaction inside this area. I want to see a 12hr or Daily signal occur on my TRFX indicator as price goes under 1.05 and will target the 1.08 SUPPLY/SELL zone where a nice resistance level is located this will be a good SELLING rentry to drop back down to the bottom of the range at 1.03 Note I will only enter the market on the correct signal this idea will likely trigger in the New Year as I expect the markets to slow down now till Jan. So its time to take a break rest and recoup and enjoy the holidays. Have a great Christmas and I will see you in the New Year :)
Long
by TheFxAce
4
20 Reason for sell AUDNZD 🤑TOP DOWN ANALYSIS OVERVIEW🤑 🧐Eagle eye: since 1983 to till date AudNad always bear, and same as the current situation is also bearish even though the 12-month candle is still in the bear phase after tapping multiyear FVG Monthly: Between 1.1490 to 9990, a strong multi years consolidation zone and price took a rejection at an upper level last month, and prices went down Weekly: Price going down perpendicular to a record session count also occurred, so there is a high chance to make a correction or retracement move now 1 Structure analysis time frame: D1 a clear downtrend completed last Impulse Move and filled target correction is excepted toward last daily FVG or Extreme Ob A reversal candle also appeared at the bottom 2 target time frame: Daily Correction Move Or counter trend target is about 1.0853 3 Current Move: Corrective 4 Entry Time Frame: H4 4.1 Entry TF Structure: bullish 4.2 entry move: Impulse 5 Support resistance base: H4 Orderblock 6 FIB: trigger event Occurs 7-candle Pattern: Liquidity Sweep 8 Chart Pattern: lower high, Higher high, Bullish 9 Volume: Execution volume at the bottom 10 Momentum UNCONVENTIONAL Rsi: bearish super bearish 11 Volatility measure Bollinger bands: Bearish 12-strength ADX: Bearish 13 Sentiment ROC: AUD is stronger than NzD based on the Rate of change 14 final comments: Wait for retracement 1.0850 area round figure 15: Decision: Once the correction is done, we will short somewhere 1.0853 or 1.0885 areas 16 Entry: 1.0855 17 Stop losel: 1.0870 18 Take profit: 1.0690 19 Risk to reward Ratio: 1:9 Excepted Duration : 4 days
Short
by Optimum369
2